The Boeing Company (NYSE:BA) is one of the best manufacturing stocks to invest in now. On February 19, The Boeing Company (NYSE:BA) inked deals to sell almost 100 jets to Vietnamese carriers. The $30 billion worth of deals underscores the growing ties between the Asian nation and the US.
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The US aircraft manufacturer is to sell up to 40 787-9 Dreamliners to Vietnam-based carrier Sun PhuQuoc Airways, valued at $22.5 billion. It is the largest-ever order for wide-body aircraft by a Vietnamese airline.
“Our partnership with Boeing establishes a strong foundation for building a world-class airline that operates in sync with the tourism and resort ecosystem Sun Group has developed,” Sun Group Chairman Dang Minh Truong said in a separate statement.
In addition, Boeing will sell 50 737-MAX Jets valued at about $8 billion and plans to invest more than $12 billion in 30 wide-bodies Boeing aircraft.
The Boeing Company (NYSE:BA) is a leading aerospace manufacturer that designs, develops, and sells commercial jetliners, defense systems, satellites, and space launch vehicles. As a major U.S. exporter, it provides services to airlines and government clients worldwide, including logistics, training, and maintenance.
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